Mumbai, Jan. 14 -- In a note to investors, the broker highlighted that Vedanta is nearing the final stage of obtaining statutory clearances for its planned demerger into five separate listed entities. The move is expected to unlock significant shareholder value by distinctly valuing its diversified asset base.

The brokerage also pointed to robust commodity prices, ongoing cost reduction efforts and volume growth as tailwinds for the company's earnings. On the back of higher commodity price assumptions, it raised Vedanta's EBITDA estimates for financial years 2027 and 2028, factoring in stronger profitability. The brokerage now forecasts Vedanta's EBITDA to grow at a compounded annual growth rate (CAGR) of about 20% between FY25 and FY28....